Overheard Expense
When you purchased your Long Term Disability policy hopefully you also purchased an overhead disability insurance policy. When is the last time read that policy? Most policies agree to “pay benefits during a period of disability for covered overhead expenses which pile up while you are totally disabled after the elimination period.” These policies can define disability as the “inability to perform the substantial and material duties of your occupation." Overhead disability insurance policies may also pay benefits if you are partially disabled. “Partially” disabled means conditions where you are “unable to perform one or more of the substantial and material daily...
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